💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
The two-year U.S. Treasury yield hit a new low since 2022 on the day of the U.S. CPI inflation data release, with mid- to long-term yields falling about 16 basis points this week.
On Friday (February 13), at the close in New York, the US 10-year Treasury yield fell by 4.98 basis points to 4.0483%, down a total of 15.77 basis points this week, overall oscillating downward. The 2-year Treasury yield dropped by 5.45 basis points to 3.4014%, and when US CPI inflation data was released at 21:30 Beijing time, it fell to 3.3951%, hitting the lowest level since 2022, a weekly decline of 9.62 basis points; the 30-year Treasury yield decreased by 3.75 basis points to 4.6953%, down 15.57 basis points this week. The yield spread between 10-year and 2-year Treasuries increased by 0.477 basis points to +64.486 basis points, a weekly decline of 5.945 basis points. The 10-year Treasury Inflation-Protected Securities (TIPS) yield fell by 2.41 basis points to 1.7551%, down 12.25 basis points this week; the 2-year TIPS yield decreased by 0.59 basis points to 0.7077%, down 0.25 basis points this week; the 30-year TIPS yield declined by 1.99 basis points to 2.4636%, down 12.01 basis points this week.